Side event: Scaling up nature positive investments for all PDBs at operational level

In the first FICS edition in 2020, Public Development Banks have committed to support nature-positive investments in a Joint Declaration, acknowledging playing a pivotal role into reorienting global finance towards climate and SDGs, while IDFC members have endorsed a Common Position Paper on Biodiversity.

The COP15 Secretariat, World Wide Fund for Nature (WWF) and the Finance in Common are co-organising a hybrid side event on the 18th October at 15:00 - 16:30 (Abidjan time). This event will take stock of PDBs initial commitments towards biodiversity and discuss strategies and a range of instruments that PDBs can deploy at operational level, to better align financial flows with the post-2020 Global Biodiversity Framework to be adopted at the COP 15 in December.

The key objectives of the discussions are the following:

• Mapping the opportunities, challenges and fields of action for PDBs to align financial flows into the level of implementation of the post-2020 Global Biodiversity Framework
• Present tools and instruments for a better measurement and assessment of the impacts and risks on biodiversity induced by PDB's funding 
• Demonstrate the opportunities offered by natural capital integration strategies and innovative finance to drive recovery

The link to the discussion will be shared 48 hours before the event.

Please join us, to debate with the panelists and share your views.